Innovation ‘key’ to India’s pharma future
September 25, 2007
Innovation 'key' to India's pharma futureThe key to the future of India's pharmaceutical industry will depend on its ability to scale back its over-reliance on low-cost manufacturing and to foster innovation, with drug discovery and biosimilars presenting... Read more...
New Discussion Viewpoint - Warning Flags
September 24, 2007
To succeed, it is often not good enough to have the best talent, the latest technology, and the most efficient processes. In many instances, the difference between organizations performing exceptionally and those that are merely good is the ability to... Read more...
Primary Activities of a Procurement Professional
September 24, 2007
Below I have tried to list the key activities of a procurement manager. His role 'can' include the standard contract management piece or that can be done by a separate team. It all depends on your organisation.Note the focus on Cost savings.Supplier... Read more...
Skills for the job
September 24, 2007
I see the following as key Skills to do the job.This list is not extensive but probably covers the main things.Business acumen: Organizational awareness and the ability to adapt to the needs of the businessLeadership: Ability to work in a matrix environmentDelegation:... Read more...
The process
September 24, 2007
I am now going to give an overview of the what I am accountable for in my business:Lead teams through the planning, review, analysis and vendor selection process, including distribution of RFIs and RFPs Review and compare vendor proposals, task orders... Read more...
Outsourcing 101
September 24, 2007
Outsourcing 101Outsourcing has become a "charged' word. It is an important concept to understand because of its business applications (both for corporations and for small businesses) and because of its political implications. The following is intended... Read more...
Contract Management Tools & Databases
September 24, 2007
An area of great interest to me is applying technology to managing Contracts.There are 2 basic types of software:1) Repository: this is for storing contracts only. No fancy bells or whistles. At its most simplistic - a shared drive or even a shared... Read more...
Definitions
September 24, 2007
Lets try and define some of the terms.Outsourcing became part of the business lexicon during the 1980s and refers to the delegation of non-core operations from internal production to an external entity specializing in the management of that operation.... Read more...
Welcome to Inside Outsourcing
September 24, 2007
This blog is going to focus on Outsoucing and Contract Management.Please join me on my journey through this fast paced industry.About Me: I work for a major Pharmaceutical company in Europe.Please post via the comments a little about yourself.Special... Read more...
Horstman’s Wager (Part 2 of 2)
September 24, 2007
Today, we cover the 2nd in a two-part series on Horstman’s Wager. Last week we covered the basics as to why “Playing the Game” doesn’t work … today we get into the details of the dreaded Horstman’s Wager MATRIX. ... Read more...
